Homework#2(answers)
1. Derive the strategic form of the Mugging game depicted in the figure below. Let Mugger be the
row player and Simon be the column player. Determine whether any strategies are either strictly
dominatedorweaklydominated.
Answer:
Thestr
Homework#4(answers)
1. Considerthegameinthefigurebelow:
a. FindallNashequilibria.
Answer:TherearethreeNashequilibria:(a,x),(c,y),and(b,z).
b. Provide an argument for selecting among those equilibria (is any equilibrium payoff
dominantand/orundominated)
An
Homework#7(answers)
1. Consider a modified version of the Kidnapping game from the film Ransom which is reproduced in the
figurebelow.FindallsubgameperfectNashequilibria.
Answer:Usingbackwardinduction(illustratedinthefigureabove)wefindthattheuniqueSPNEis
Homework#3(answers)
1. Return to the team project game in Chapter 3, and suppose that a frat boy is partnered with a
sororitygirl.Thepayoffmatrixisshowninthefigurebelow.FindallNashequilibria.
Answer:ThereisonesymmetricNashequilibrium,(moderate,moderate),a
Homework#6(answers)
1. Reproduced in the figure below is the telephone gam e from Section 4.2. Find all Nash equilibria
includingNashequilibriainmixedstrategies.
Answer:LetpdenotetheprobabilitythatColleencho osescallandqtheprobabilitythatWinnie
u
choosesc